It should be noted that Mr. Brown is also the chairman of Citizens' board.

The researcher questioned on what basis the LIRC granted the massive increase in rates while at the same time Citizens could not access its financial records to determine if it was making money or losing money and had not even balanced its bank accounts.

How can an actuary calculate loss ratios and the need for rate increases when the correct income and expense information isnt even available?

Makes one wonder how all the private insurance companies' rates are calculated.